Foreign aid, foreign trade and foreign direct investment (FDI) have become weapons of mass persuasion, deployed in the building of both the pro-war, pro-American coalition of the willing and the French-led counter “coalition of the squealing”.
By now it is clear that the United States will have to bear the bulk of the direct costs of the actual fighting, optimistically pegged at c. $200 billion. The previous skirmish in Iraq in 1991 consumed $80 billion in 2002 terms – nine tenths of which were shelled out by grateful allies, such as Saudi Arabia and Japan.
Even so, the USA had to forgive $7 billion of Egyptian debt. According to the General Accounting Office, another $3 billion were parceled at the time among Turkey, Israel and other collaborators, partly in the form of donations of surplus materiel and partly in subsidized military sales.
This time around, old and newfound friends – such as Jordan, an erstwhile staunch supporter of Saddam Hussein – are likely to carve up c. $10 billion between them, says the Atlanta Journal-Constitution. Jordan alone has demanded $1 billion.
According to the Knight Ridder Newspapers,...